PhillyInc

Global warming isn't just a problem, it's an opportunity for American businesses, says Ralph Izzo, chairman of New Jersey's Public Service Enterprise Group. In testimony today (Download the text) before the U.S. House Select Committee on Energy Independence and Global Warming, Izzo called for a national cap-and-trade program to limit carbon emissions and insisted that U.S. companies could benefit. If Congress gets the incentives right, he said, meeting the climate-change challenge "will unleash our nation’s innovative skills, create jobs, and truly transform the economy."

- Jeff Gelles